Quick highlights

• Prices $187,900 - $235,000
• 0ne year Rental Guarantee
• Three years homeowner Association fees paid
• Two years Rent Shield paid by the developer in year 2 and 3
• Up to 50% of the closing costs paid by the developer
• Up to 85% Mortgages available
• Investor package for the European and Uk market
• Complete purchase package arranged, Title agents, Mortgages etc
• Immediate completions
• Business long term rental market
• One and two bedroom Condos
• Communal pool and health club on site
• Gated development

MAITLAND. ORLANDO. FLORIDA

This is Florida with a difference, an idea opportunity for those who wish to invest in a thriving economy at low lead in prices on a long term rental basis to employees and companies in Maitland.

This development has been targeted at the business rental market and is a luxury development of just over 300 high end condominiums situated on a landscaped and gated development in the heart of the business district of Maitland, Florida.

Our colleagues buyinghomesinflorida.com who have exclusive European selling rights have negotiated a wonderful package to ease you into the purchase for the first year with no costs to rent out, this is in addition to the great prices, help with closing costs and no finders fee.

There is a complete purchase package available where you will be put in touch with a Title company, Mortgages brokers, Currency transfer specialists and tax advisors

• YEAR ONE RENTAL GUARANTEED BY THE DEVELOPER
• TENANT DEFAULT RENTAL INSURANCE (Rent Shield) IN PLACE FOR YEARS 2 AND 3 (PURCHASERS OPTION TO EXTEND)
• EXCELLENT TENANT DEMAND
• TREMENDOUS CAPITAL GROWTH POTENTIAL
• UP TO 50% OF INITIAL PURCHASING COSTS COVERED BY THE DEVELOPER.
• UP TO 85% FIXED RATE MORTGAGES AVAILABLE
• BETWEEN 6.25% AND 7.25% INITIAL YIELDS AVAILABLE.
• DEVELOPER WILL REPAINT THE UNIT AFTER YEAR ONE IF THE TENANT VACATES

THE DEVELOPMENT

The development is situated in the heart of the Business District of Maitland Florida and benefits from the abundance of professionals working in nearby business parks. It comprises a luxury development of just over 300 one and two bed condominiums in a superb landscaped setting and as with most developments in the USA it comes with many extras

• Gated Entrance
• Health club/ fitness centre
• Resort style swimming pool
• Concierge Services
• Fully Equipped Business centre
• Wireless internet access around pool areas
• Clubhouse
• Basket ball and tennis courts
• Car Wash Area
• Stunning Waterfront and Wooded Views

Each Property benefits from

• 9ft ceilings
• Berber and Pile carpets
• Screened patios
• Ceramic Tile Floor coverings in the foyer, Kitchen and Bathrooms.

The Americans like to have large spaces in which to live and therefore they design homes to meet these requirements. These condos are no exception and offer spacious open plan living areas, good size fitted kitchens with separate utility rooms.

The bedrooms are at least double in size with additional space in the walk in closets.

Outside most units will benefit from a balcony or porch area depending on the floor. From our experience selling in Myrtle beach the Americans refer to the ground floor as a first floor unit and the first floor as a second floor unit, so be advised if you talk with them directly.

Two examples of the floor layouts are below

THE LOCATION- MAITLAND FLORIDA

Maitland is a rapidly expanding city situated just 8 miles north of Orlando city centre. Maitland has a population of 21,000 and, dating back to 1838 it possesses a rich cultural and historic background.

Today Maitland has evolved in to one of the main "bedroom and business" communities in Central Florida and has at its core the 226 acre, 3.8million square foot Maitland Centre Office Park.- home to many large international companies.

FLORIDA

As well as being the leisure and vacation capital of the USA, Florida is also home to a fast growing economy driven by rapid population increase, foreign investment and international tourism.

Florida offers outstanding value for money for investment, holiday and commercial property in an established and booming market where demand is continuously growing.

Some Facts and Figures

• Florida is the 4th largest economy in the USA
• It is the 3rd fastest growing State in the USA
• There has been a 20% increase in population since 1990
• It enjoys low unemployment
• The average price of a family home rose 31% from 2004 to 2005*
• There has been a 108% increase in Florida property prices between 2000 and 2005*
• The State is experiencing its biggest economic boom for more than 25 years

*The Florida Association of Realtors

BRIEF SAMPLE ILLUSTRATION

Purchase of 2 bed 1 bath condominium at $224,000

Mortgage at 80% loan to value $179,200

Fixed interest rate at $7.25% = $12,992
Year one rental guarantee =$14,560
Plus rental bonus year one paid by the developer 30days after completion = $2500

Profit year one = $4068

THE OPPORTUNITY

The limited availability of these units represents an ideal opportunity to invest in a superbly and strategically located luxury condominium with guaranteed income enabling even the purchaser requiring a high loan to value mortgage to virtually cover their overheads for a defined period while benefiting from the tremendous capital growth potential that is currently evident within the Orlando area of Florida.

PARTNERS

We are pleased to be able offer the assistance of a number of highly regarded partners to assist you with your purchase. These include Banks, Solicitors, Currency transfer specialists, Tax advisors and Realtors.

MORE INFORMATION

These properties are selling fast with over 70% of the scheme already sold or under offer.

For more detailed information and an informal discussion please call us on 0700 3400 255/288